Previous Close | 34.00 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's Range | 34.00 - 34.00 |
52 Week Range | 27.50 - 34.00 |
Volume | |
Avg. Volume | 500,000 |
Market Cap | N/A |
Beta (5Y Monthly) | 0.69 |
PE Ratio (TTM) | 10.95 |
EPS (TTM) | 3.11 |
Earnings Date | Nov 07, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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Roughly £1bn has been wiped off BT’s market value after Sky struck a broadband deal with one of the telecoms giant’s biggest rivals.
Shares of BT Group (LON:BT) PLC fell sharply on Tuesday, following Sky's long-term partnership with CityFibre. At 5:48 am (0948 GMT), BT Group was trading 6.7% lower at £135.82. This dual vendor strategy, while aimed at diversifying suppliers and accelerating the deployment of fibre networks, introduces potential risks for BT Group.